Transmissora Alianca De Energia Eletrica S.A.

Transmissora Alianca De Energia Eletrica S.A.

15.15
BRL
-0.08
(-0.53%)
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Tangible Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Sales/Revenue/Turnover
1,448
1,496
1,542
1,391
1,077
1,635
1,840
3,561
3,472
2,617
3,361
3,718
4,624
4,484
Operating Margin (%)
79.62
84.08
85.62
81.62
70.35
69.02
61.62
66.29
76.43
71.71
56.72
59.15
49.29
54.38
Depreciation Expense
2
1
2
3
4
6
13
15
23
25
18
25
63
84
Net Income, GAAP
893
905
909
862
648
1,071
1,106
2,263
2,214
1,449
1,368
1,694
1,580
1,625
Effective Tax Rate (%)
6.18
17.85
14.96
11.16
7.87
12.09
11.84
16.78
15.67
14.94
4.23
9.05
7.01
8.12
Profit Margin (%)
61.67
60.49
58.96
61.97
60.19
65.51
60.09
63.54
63.76
55.39
40.7
45.56
34.17
36.25
Working Capital
690
1,035
1,074
881
1,302
1,281
2,572
1,519
718
2,068
1,774
560
1,294
2,129
LT Debt
3,425
3,240
2,808
2,381
2,603
2,872
4,600
5,803
5,847
7,518
8,547
8,316
9,634
10,772
Total Equity
4,305
4,225
4,377
4,308
4,348
4,532
4,990
6,026
6,685
6,570
6,523
6,940
7,609
8,071
Return on Invested Capital (%)
12.34
12.33
13.9
12.85
9.28
12.97
10.62
17.31
17.3
11.28
11.77
12.09
11.95
12.08
Return on Capital (%)
15.11
15.67
18.8
14.57
11.54
16.15
14.45
22.42
19.95
14.03
13.68
14.57
13.77
13.61
Return on Common Equity (%)
21.25
21.22
21.15
19.85
14.98
24.13
23.22
41.08
34.83
21.87
20.89
25.16
21.72
20.73

Capital Structure

BRL

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,341
1,084
185
LT Borrowings
9,633
10,599
10,772
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
- -
- -
Market Capitalization
- -
- -
- -

Working Capital

BRL

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
3,579
3,864
2,988
Cash, Cash Equivalents & STI
1,286
1,604
544
Accounts Receivable, Net
262
273
286
Inventories
- -
- -
- -
Total Current Liabilities
2,285
1,686
859
Payables & Accruals
- -
- -
- -
ST Debt
1,341
1,084
185
Deferred Revenue
- -
- -
- -

Growth Rates

BRL

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.9%
4.91%
9.65%
Free Cash Flow
17.66%
56.12%
-0.56%
Net Income, GAAP
11.79%
-5.04%
-6.73%
Sales/Revenue/Turnover
16.18%
7.26%
24.37%
Total Cash Common Dividend
9.36%
1.95%
1.39%

Quarterly Revenue

BRL

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
729
911
991
1,087
3,718
2025
983
1,262
1,181
1,199
4,624
2026
1,037
1,068
- -
- -
- -

Quarterly Earnings Per Share

BRL

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

BRL

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Rinaldo Pecchio
Full Time Employees
867
Sector
Industrial services
Industry
Engineering & construction
Address
Av. das Américas, n° 2480 Rio de Janeiro RJ Brazil 22640-101
IPO Date
Oct 27, 2006
Business
Transmissora Aliança de Energia Elétrica S.A. (TAESA) is a leading Brazilian company dedicated to the construction, operation, and maintenance of electric power transmission assets. The company operates an extensive network comprising approximately 13,211 km of transmission lines currently in operation and an additional 1,918 km under construction, totaling over 15,000 km of transmission lines, along with 103 substations with voltages ranging between 69 and 525 kV. TAESA's core products and services include the implementation, operation, and maintenance of high-voltage electric power transmission lines and substations across Brazil, serving a broad geographic footprint that spans all five regions of the country. The company also manages a system operation center located in Rio de Janeiro. Founded in 2000, TAESA is headquartered in Rio de Janeiro, Brazil. Recent major developments at TAESA include notable financial and operational growth, with regulatory net revenues growing by 9.8% year-over-year for the third quarter of 2025, driven by inflation-linked adjustments and the operational start-up of new transmission projects like Novatrans Reinforcements and Pitiguari. The company has significantly improved operational efficiency, with an increase in line availability index to 99.93% and a marked reduction in penalties for service unavailability. In 2025, TAESA issued R$1.45 billion in Green Bonds to support its sustainability initiatives, complementing ongoing investments in social responsibility and environmental monitoring technologies. TAESA has accelerated capital expenditures, with R$1.3 billion spent in the first nine months of 2025, progressing projects like Saíra, Tangará, Ananaí, and Juruá to enhance its capacity and revenue streams. Moreover, TAESA continues to expand through strategic partnerships, acquisitions, and infrastructure upgrades, aiming to grow its regulatory annual permitted revenue (RAP) to BRL 4.4 billion by 2026. TAESA operates through a number of subsidiaries, including Brasnorte Transmissora de Energia S/A, Ananai Transmissora de Energia Elétrica S/A, and Companhia Transudeste de Transmissão. The company targets regulated segments within Brazil’s electric utilities industry, servicing transmission networks crucial for national energy stability and development. TAESA’s business focus encompasses transmission asset management, infrastructure expansion, and integrating innovative technologies such as drone inspections and artificial intelligence for predictive maintenance. The company maintains a strong emphasis on environmental, social, and governance (ESG) principles, aligning its operations with national energy policies and sustainability agendas. In summary, Transmissora Aliança de Energia Elétrica S.A. is a principal Brazilian electric energy transmission group specializing in a comprehensive portfolio of transmission infrastructure projects and operational services, underpinned by recent strategic expansions, green financing, and technology-driven operational improvements. The company plays a vital role in Brazil’s power transmission sector, supporting energy reliability and infrastructure growth on a national scale.